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20130216
20130224
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about 0.25% in this as shinzo abe is heading to washington for talks with president barack obama. that meeting will take place tomorrow. for more on how markets are trading ahead of that, let's get out to li sixuan. >> take a look at the damage report behind me. you can see how the fed minutes spooked investors here in asia. the nikkei slipped 1.4% from its 52-month high while investors remained cautious ahead of the decision on the next boj governor. construction equipment makers were down after caterpillar reported slowing sales for the quarter ending in january. but battery maker gs yuasa is up 8% over hopes of a long-term fix for battery problems. >>> and yesterday's rebound in china was all but forgotten. the shanghai composite down 3% today after being slapped by tightening fears. commodity players raised the possibility of a qe exit. developers and cementmakers lost ground on news that beijing will press ahead with measures to cool housing prices. shares in hong kong lost 1.7% today weighed down by resources, developers and financials. china's top retailer bel internationa
bank's new governor next week. prime minister ship zoe abe will leave for washington this thursday to meet president obama and will return to japan on sunday. abe will likely pick the possible candidate after returning to japan. abe's pushing for aggressive monetary easing. he will bick a nominee who supports his vision to achieve the 2% inflation target. the leading candidates for the boj governor include toshiro muto. a another prominent county is haruhiko kuroda. the asian development bank's president for a 2% inflation target and was a top currency diplomate in the late 1990s. kazamata iowata is a strong candidate. he's an advocate of more quantitative easing. the current boj chief will step down on march 19th. back to you, kelly. >> let's get a view on this from michael plasnik. so where does the yen go from here? >> i think it's important to take into context the comments made by abe and aso. you have to reverse engineer the situation. they're not going to be able to hit a 2% inflation without a significant yen weakness. so they need the yen to weaken about 40%, auto% in orde
. abe goes to washington. the japanese prime minister has arrived stateside ahead of a meeting with u.s. president barack obama later today. abe is looking for u.s. backing with japan's diplomatic disputes with china. meanwhile, abe wants to clarify the terms of entry into a trans-pacific trade pack and win america's blessing for his aggressive economic stimulus. >>> mauri taylor is standing by comments calling french workers lazy and overpaid. speaking to our colleagues on u.s. closing bell last night, he defended his decision to write a letter to the u.s. government refuse to go buy a tire company on the verge of collapse. >> the minister was trying to use us as a billy club, figuring that most ceos will not say anything. they just keep quiet. b but, you know, he picked the wrong guy and i'm going to tell him what it is. what i said was true. and they admitted it. they laughed about it, okay. and that's where this union president, this michael -- i call him spike because he's got his hair all up. they're devout commis and they said that's the french way and i said well, i'm not goin
Search Results 0 to 2 of about 3